We know a few people that have invested in that Ironwood and western UP area, it seems to have pretty consistent tourism (weather dependent seasonally). 

In this regard, you should have access to Canadian practitioners (local Canadian Attorneys, Accountants) that are very familiar with the cross border structuring aspects of real estate investments inbound to the US.I do mostly non real estate outbound structuring work (US into Canada) not inbound work, so I will defer (as I do in my actual work) to an inbound Canadian expert who in this case should do a lot of work with real estate structuring.

We do have some nice industries like trona, tourism, agriculture, etc, but make no mistake we are an energy driven state. 

Personally I don't see why certain groups should solely bear the brunt of a government enforced shutdown - that includes tourism, restaurant, airlines, retail, and property owners.  

Also consider tourism/foot traffic trends where the tourists are staying 2+ days; just because these areas have a lot of visitors does not mean these visitors are staying longer than a day trip.

I agree with the comments about caution around areas that are residential vs tourism.

The massive appreciation and ongoing rental rate increases are also secured by major buyer demand uniquely fueled by: 1) Desire for this beautiful area (Which in turn is fueled by increased Sedona tourism)2) Our ample and clean water supply3)(full circle) The strong STR's returns in Sedona, creating a large and aggressive buyer poolI review the town of Sedona official data (monthly and annual reports), so that I know what's happening with the local Short term rental market.

Marriott just made a huge investment to get a share of the African market there believing there will be a big increase in tourism and the economy.

It is a fast-growing area with lots of tourism. 

We have a labor shortage (who doesn't, right) but our town runs on tourism and there are not a lot of high-paying jobs so our rental market is, and always has been since I've been here, on fire.4.